In response to:

Obama Won, Major Tax Bomb Still on the Way

Marc_H Wrote: Nov 07, 2012 8:53 AM
you pathetic libs just do not care how selfish you are all you do it take take fro mthose that produce, giving it to those that are parasites you are lost and you have destroyed the United States

President Barack Obama won re-election Tuesday which means the United States is in the same exact fiscal situation it was in on Monday. We’re staring at $16 trillion in debt, but the more immediate problem comes on January 1 when every family will see a tax increase of $3500 as the Obama-Bush tax cuts expire and when more ObamaCare taxes kick in, better known as taxmaggedon.

First, let’s start with the first tax increase of $3500. This will happen if House Republicans, Senate Democrats and the White House can’t come up with a deal in the next 63 days....